Parent Retirement Category

The Parent Retirement Category is a pathway to residence for parents of New Zealand residents or citizens

For a resident visa application to be approved under the Parent Retirement Category the principal applicant must:

Be the parent of an adult child who is in New Zealand and is a New Zealand citizen or the holder of a residence class visa that is not subject to conditions under section 49 of the Immigration Act 2009
Have no dependent children
Meet health and character requirements
Must have funds and/or assets equivalent in value to at least NZ$1 million
Demonstrate ownership of these funds and/or assets and that they have been legally earned or acquired
Transfer and place the funds in an acceptable investment for four years
Nominate NZ$0.5 million of settlement funds and demonstrate ownership of these funds and/or assets

Parents of New Zealand residents or citizens might also be able to migrate through the Parent Category:

Compare the criteria for resident visas available for parents of New Zealand residents or citizens.

Contact us today for a commitment free briefing with our Registered Migration Agents in Melbourne to find more about your visa options.